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Because paying lower taxes is not a productive activity. It is quite plain a simple. It is an extractive activity. In particular, the taxes being paid in these
by tossandthrow 1y ago
Because paying lower taxes is not a productive activity. It is quite plain a simple. It is an extractive activity.
In particular, the taxes being paid in these jurisdictions are not earned in them - which makes it even worse.
- arresin 1y agoWait paying lower taxes is extractive?
- tossandthrow 1y agoYep, when it is paper money being transferred from other jurisdictions with the sole purpose of reducing the tax bill. Thisnis not rocket science? Why all the lobbying?